REGISTERED NUMBER: 04590002 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

A & D Sports Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D Golden

Mrs A Golden

SECRETARY:

Mr D Golden

REGISTERED OFFICE:

Golden Works

Lawton Street

Rochdale

Lancashire

OL12 0LQ

REGISTERED NUMBER:

04590002 (England and Wales)

ACCOUNTANTS:

N J Grindrod & Co Limited

First Floor

Sovereign House

Barehill Street

Littleborough

Lancashire

OL15 9BL

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

679,616

807,557

679,616

807,557

CURRENT ASSETS

Inventories

237,915

284,316

Debtors

595,368

736,202

Cash at bank and in hand

372,563

446,685

1,205,846

1,467,203

CREDITORS

Amounts falling due within one year

657,013

688,702

NET CURRENT ASSETS

548,833

778,501

TOTAL ASSETS LESS CURRENT LIABILITIES

1,228,449

1,586,058

CREDITORS

Amounts falling due after more than one year

341,192

502,653

NET ASSETS

887,257

1,083,405

CAPITAL AND RESERVES

Called up share capital

1,001

1,001

Retained earnings

886,256

1,082,404

SHAREHOLDERS' FUNDS

887,257

1,083,405

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

Mrs A Golden - Director

1.	STATUTORY INFORMATION

A & D Sports Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

15% on reducing balance

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

15% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2023 - 37 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

and 31 December 2024

137,532

AMORTISATION

At 1 January 2024

and 31 December 2024

137,532

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	PROPERTY, PLANT AND EQUIPMENT

Totals

£

COST

At 1 January 2024

1,321,829

Additions

10,986

Disposals

(32,602

)

At 31 December 2024

1,300,213

DEPRECIATION

At 1 January 2024

514,272

Charge for year

137,157

Eliminated on disposal

(30,832

)

At 31 December 2024

620,597

NET BOOK VALUE

At 31 December 2024

679,616

At 31 December 2023

807,557